Parlophone faces sale in EMI deal

Updated
Kylie
Kylie

Parlophone, the record label behind Kylie Minogue, Coldplay and Blur, is to be sold as a condition of EMI's takeover by Universal, it has been reported.


The European Commission, which is expected to sign off Universal's £1.2 billion acquisition of EMI this week, has been concerned that the world's biggest music company will be too powerful if it swallows EMI whole.
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